Colfax township (Harrison County), MO Economy


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United States / Missouri / No Metro Area / Harrison County / Colfax township (Harrison County) / Zip Codes
Colfax Township (Harrison County), Missouri is a great place for those looking for a more affordable lifestyle. The median rent for a two-bedroom apartment is $790, compared to the national average of $1430, making it much more attainable to those with tighter budgets. Additionally, the Grocery Cost Index in Colfax is 93 compared to 100 nationally, making it even more economical. This area is known for its businesses like Colfax Tire & Auto Service, C&R Grocery Store, and Harrison County Bank that are dedicated to providing their community with the goods and services they need. Living in Colfax Township (Harrison County) has many benefits and can be great for someone on a budget who wants to enjoy all that this beautiful small town has to offer without breaking the bank.

Colfax township (Harrison County) has an unemployment rate of 3.3%. The US average is 6.0%.

Colfax township (Harrison County) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Colfax township (Harrison County)
- The Sales Tax Rate for Colfax township (Harrison County) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Colfax township (Harrison County) is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Colfax township (Harrison County)
- The average income of a Colfax township (Harrison County) resident is $17,507 a year. The US average is $28,555 a year.
- The Median household income of a Colfax township (Harrison County) resident is $51,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColfax township (Harrison County), MissouriUnited States
  3.36
  -0.5%-6.2%
  18.1%33.5%
  5.5%6.2%
  5.4%4.6%
  $22,747$37,638
  $51,917$69,021
  $51,429$85,028
  Population by Occupation
  17.0%1.2%
  0.4%0.5%
  3.2%6.8%
  14.4%10.0%
  0.4%2.5%
  22.4%11.0%
  2.9%4.8%
  0.0%0.8%
  3.6%1.9%
  2.5%4.7%
  0.0%1.9%
  5.8%7.6%
  0.0%0.1%
  4.0%4.2%
  2.5%9.3%
  9.0%14.0%
  0.0%2.1%
  7.2%7.0%
  4.0%4.8%
  0.7%4.7%
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